“I believe we can do much more to adapt to the structural changes in the global economy, get high-end manufacturing back here, set up clusters of economic activity where you have, among other things, continuous retraining of people well into their middle years so they never become irrelevant to the current job market.” PeopleYearsBelieveWellsEndsJobsI BelieveCan DoEconomyEconomicMiddleActivityCurrentsIrrelevantManufacturingGlobal EconomyGetting HighClusters Author:William J. Clinton
“Well, I think we are seeing some shifts in manufacturing. China, when you go in and you talk to the big manufacturers there, the biggest problems in mainland China are recruiting and retention. There isn't an endless supply of cheap labor anymore in China. And it's now true that the labor rates in Mexico are lower than in China.” ThinkingWellsProblemBigsSeeingLaborRateChinaEndlessMexicoManufacturingRetentionCheap Labor Author:Rodney Brooks